China Changbaishan restructuring scheme wins Hong Kong court sanction, issues HK$0.15 scheme shares

• China Changbaishan International set a 9 Sep 2026 special meeting to seek shareholder approval for its court-sanctioned restructuring.
• Plan issues 4,742,453,691 scheme shares at HK$ 0.15 to settle about HK$ 711.37 million of admitted scheme claims.
• Ground Group HK to subscribe for 260,000,000 new shares at HK$ 0.15, valuing the investment at HK$ 39 million via set-off.
• Restructuring targets completion by 31 Oct 2026, subject to listing approval for the new shares and other regulatory consents.
• Mandatory unconditional cash offer to follow completion for shares not already held or to be acquired by the concert party group.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Changbaishan International Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260825-12297301), on August 24, 2026, and is solely responsible for the information contained therein.